Australian lithium battery manufacturer Energy Renaissance has announced long-term agreements with three local companies as part of its push towards achieving 100 per cent reliance on Australian suppliers.
The onboarding of the three companies – Academy Sheetmetal, GPC Electronics and B&C Plastics – takes the total of Energy Renaissance’s components for its superStorage family of batteries coming from Australia to 92 per cent.
Through long-term framework agreements and preferred supplier relationships, 32 of 35 components that comprise a superStorage battery will be produced in Australia.
Academy Sheetmetal is a family-owned company in Newcastle, NSW; GPC Electronics is based in Penrith, in western Sydney, and will supply printed circuit board assemblies; and B&C Plastics is a Brisbane plastic moulding injection manufacturer that will supply plastic components for the batteries.
“Energy Renaissance is dedicated to onshoring manufacturing in Australia so we can protect our customers against global supply chain constraints and unexpected price increases that come with increased freight costs,” says Mark Chilcote, managing director, Energy Renaissance.
“We started our business with a target to have 100 per cent of our manufacturing completed in Australia. However, this target can only be achieved with a long-term partnership with local suppliers who invest in business to grow with our production requirements.
“Energy Renaissance is strengthening local manufacturing and securing our supply chain for critical battery minerals.
“While negotiating for supplier agreements, we found local manufacturers who are price competitive with similar components made with a higher quality standard than what we would have to import.
“This has challenged our views on sourcing for components globally and highlighted that we have many local companies who share our passion of onshoring manufacturing.”